92 E Louise, Long Beach, CA 90805
Local realty services provided by:CENTURY 21 Masters
92 E Louise,Long Beach, CA 90805
$1,100,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robert stepp
Office: keller williams realty downey
MLS#:PW26180123
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
About this home
92 E. Louise Street presents the opportunity to acquire a well- maintained four-unit multifamily property offering strong in-place cash flow, meaningful rental upside, and additional long-term value creation potential in North Long Beach. Built in 1953, the property consists entirely of two-bedroom/one- bath units, each approximately 740 square feet, providing a highly desirable and consistent unit mix with broad renter appeal. Current rents average approximately $2,138 per month, compared with nearby rent comparables averaging approximately $2,538 per month, demonstrating substantial embedded rental upside. The property has also benefited from several significant capital improvements, including new windows throughout the building, recent re-piping, exterior painting within the past three years, and a new electronic security gate. These improvements reduce near- term capital expenditure exposure while enhancing the property's overall functionality and tenant appeal. The property's four detached garages and additional surface spaces present the opportunity to add immediate income through parking fees or convert garages to ADUs for future additional rental income (buyer to verify).The offering compares favorably with recent four-unit sales in the surrounding market. At $275, 000 per unit, 92 E. Louise is priced below the comparable-set average of approximately $306,750 per unit, while offering a substantially stronger going-in yield than the comparable average cap rate of approximately 5.32% For investors seeking strong current yield with identifiable upside, 92 E. Louise Str...
Contact an agent
Home facts
- Subdivision & Development:North Long Beach (NLB)
- Listing ID #:PW26180123
- Added:1 day(s) ago
- Updated:August 18, 2026 at 11:38 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Finances and disclosures
- Price:$1,100,000
New listings near 92 E Louise
- Coming Soon
$899,888Coming Soon4 beds 2 baths2108 Fashion, Long Beach, CA 90810
MLS# CV26180789Listed by: GOOD LIFE REALTORS - Coming Soon
$984,999Coming Soon3 beds 2 baths7002 E Peabody, Long Beach, CA 90808
MLS# RS26178806Listed by: CENTURY 21 ON TARGET - Coming SoonOpen Sat, 1 to 3pm
$1,575,000Coming Soon4 beds 3 baths3934 N Marshall Way N, Long Beach, CA 90807
MLS# PW26178265Listed by: Y REALTY - Coming Soon
$329,000Coming Soon1 beds 1 baths5585 E Pacific Coast Hwy #234, Long Beach, CA 90804
MLS# PW26179344Listed by: REALTY ONE GROUP UNITED - Coming Soon
$1,075,000Coming Soon3 beds 2 baths6012 E Conant, Long Beach, CA 90808
MLS# PW26177588Listed by: REMAX PROFESSIONALS - Coming SoonOpen Sat, 1 to 3pm
$799,000Coming Soon2 beds 2 baths3483 N Los Coyotes Diagonal, Long Beach, CA 90808
MLS# PW26167408Listed by: COMPASS - Coming Soon
$1,399,900Coming Soon10 beds 4 baths117 W 9th Street, Long Beach, CA 90813
MLS# 26870367Listed by: EXP REALTY OF CALIFORNIA INC - Coming Soon
$1,399,900Coming Soon6 beds 4 baths1089 E 7th Street, Long Beach, CA 90813
MLS# 26870317Listed by: EXP REALTY OF CALIFORNIA INC - Coming SoonOpen Sat, 11am to 4pm
$930,000Coming Soon2 beds 1 baths5226 E Conant Street, Long Beach, CA 90808
MLS# DW26169983Listed by: EXCELLENCE RE REAL ESTATE, INC. - Open Sun, 12 to 3pmNew
$464,900Active2 beds 2 baths842 sq. ft.2507 E 15th Street #104, Long Beach, CA 90804
MLS# 26873349Listed by: COLDWELL BANKER HARTWIG REALTY